THE CENTURY FOUNDATION INC

EIN: 131624235 501(c)(3) Civil Rights & Advocacy

NEW YORK, NY

Total Revenue
$11,870,864
Total Expenses
$13,696,059
Total Assets
$59,134,048
Net Assets
$55,524,779
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Financial Trends

Organization Details

Formation Year
1919
Legal Domicile
MA
Principal Officer
JULIE MARGETTA MORGAN
Phone
9175123808
Tax Period
2024-07-01 to 2025-06-30

THE CENTURY FOUNDATION INC, founded in 1919, is a mid-sized nonprofit in the Civil Rights & Advocacy sector that reported $11.9M in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $13.7M exceeded revenue, resulting in a 15% operating deficit.

Mission

THE CENTURY FOUNDATION IS A PROGRESSIVE, INDEPENDENT THINK TANK THAT CONDUCTS RESEARCH, DEVELOPS SOLUTIONS, AND DRIVES POLICY CHANGE TO MAKE PEOPLE'S LIVES BETTER. WE PURSUE ECONOMIC, RACIAL, GENDER, AND DISABILITY EQUITY IN EDUCATION, HEALTH CARE, AND WORKFORCE. THE CENTURY INTERNATIONAL TEAM CONDUCTS POLICY RESEARCH AND MAKES RECOMMENDATIONS THAT BUILD ON THE CENTURY FOUNDATION'S HISTORICAL COMMITMENT TO INTERNATIONAL PEACE AND SECURITY.

Program Service Accomplishments

Program 1
Expenses: $2,479,718 Revenue: $0

HIGHER EDUCATION:HIGHER EDUCATION IS KEY TO UPWARD MOBILITY, YET OUR CURRENT SYSTEM IS RIDDLED WITH INEQUITIES, SKYROCKETING COSTS, AND ANTI-CONSUMER BEHAVIOR. TCF WORKS TO HOLD PREDATORY COLLEGES...

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HIGHER EDUCATION:HIGHER EDUCATION IS KEY TO UPWARD MOBILITY, YET OUR CURRENT SYSTEM IS RIDDLED WITH INEQUITIES, SKYROCKETING COSTS, AND ANTI-CONSUMER BEHAVIOR. TCF WORKS TO HOLD PREDATORY COLLEGES ACCOUNTABLE, LOWER TUITION COSTS AND EXPAND FINANCIAL AID, AND MAKE OUR CAMPUSES MORE AFFORDABLE AND ACCESSIBLE.

Program 2
Expenses: $2,034,084 Revenue: $94,236

ECONOMIC OPPORTUNITY:POWERFUL INTERESTS HAVE TURNED THE ECONOMY AGAINST ORDINARY PEOPLE. THE NATION'S ECONOMIC POLICIES - OR LACK THEREOF - DIRECTLY CONTRIBUTE TO RECORD HIGH INEQUALITY AND MAKE IT...

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ECONOMIC OPPORTUNITY:POWERFUL INTERESTS HAVE TURNED THE ECONOMY AGAINST ORDINARY PEOPLE. THE NATION'S ECONOMIC POLICIES - OR LACK THEREOF - DIRECTLY CONTRIBUTE TO RECORD HIGH INEQUALITY AND MAKE IT NEARLY IMPOSSIBLE FOR VULNERABLE COMMUNITIES TO GET BY, LET ALONE GET AHEAD. TCF FIGHTS TO ENSURE THAT EVERYONE, REGARDLESS OF RACIAL, GENDER, AND DISABILITY JUSTICE ACROSS OUR ECONOMY, FROM EFFORTS TO STRENGTHEN THE SOCIAL SAFETY NET TO BUILDING AN ECONOMY THAT VALUES CARE WORK AND PROVIDES ECONOMIC OPPORTUNITY FOR ALL.

Program 3
Expenses: $1,611,789 Revenue: $0

PK-12 EDUCATION:EDUCATION IS THE BEDROCK OF AMERICAN DEMOCRACY: IT'S ONE OF THE MOST POWERFUL TOOLS WE HAVE TO GIVE EVERYONE AN OPPORTUNITY TO SUCCEED. BUT TODAY, OUR SCHOOLS FROM PRE-K TO HIGH...

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PK-12 EDUCATION:EDUCATION IS THE BEDROCK OF AMERICAN DEMOCRACY: IT'S ONE OF THE MOST POWERFUL TOOLS WE HAVE TO GIVE EVERYONE AN OPPORTUNITY TO SUCCEED. BUT TODAY, OUR SCHOOLS FROM PRE-K TO HIGH SCHOOL DON'T DELIVER ON THAT PROMISE. TCF WORKS TO CHANGE THAT, SO THAT EVERY CHILD, NO MATTER THEIR BACKGROUND, HAS ACCESS TO A HIGH-QUALITY EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,311,678
Program Service Revenue $94,236
Investment Income $3,455,489
Other Revenue $9,461
TOTAL REVENUE $11,870,864

Expense Breakdown

Grants Paid $155,957
Salaries & Benefits $10,182,366
Fundraising Expenses $711,895
Program Expenses $11,205,259
Other Expenses $3,357,736
TOTAL EXPENSES $13,696,059

Year-over-Year Comparison

2024 2023 Change
Revenue $11,870,864 $8,576,981 +0.4%
Expenses $13,696,059 $12,442,527 +0.1%
Net Income $-1,825,195 $-3,865,546 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
71
Volunteers
11

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$684,722
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRADLEY ABELOW CHAIR 5.00
Officer Director
$0 $0 $0
HEATHER HOWARD SECRETARY 5.00
Officer Director
$0 $0 $0
DAMON A SILVERS TREASURER 5.00
Officer Director
$0 $0 $0
JONATHAN ALTER TRUSTEE 1.00
Director
$0 $0 $0
JACOB HACKER TRUSTEE 1.00
Director
$0 $0 $0
MELISSA HARRIS-PERRY TRUSTEE 1.00
Director
$0 $0 $0
AISHA MILLS TRUSTEE 1.00
Director
$0 $0 $0
TERESA YOUNGER TRUSTEE 1.00
Director
$0 $0 $0
JONATHAN METZL TRUSTEE 1.00
Director
$0 $0 $0
JULIE MARGETTA MORGAN PRESIDENT AS OF APRIL 2025 40.00
Officer
$0 $0 $0
MARK ZUCKERMAN PRESIDENT, THRU MARCH 2025 40.00
Officer
$350,000 $18,523 $368,523
LISA SAHULKA CHIEF OPERATING OFFICER 40.00
Officer
$269,999 $46,200 $316,199
ISHMEET SAHNI VICE PRESIDENT OF DEVELOPMENT 40.00
Highest
$230,683 $53,308 $283,991
LUCY MUIRHEAD CHIEF STRATEGY OFFICER 40.00
Highest
$186,695 $38,060 $224,755
STEPHAN LALLINGER EXECUTIVE DIRECTOR OF NEXT 100 40.00
Highest
$197,869 $55,481 $253,350
EMILY MCGRATH DIRECTOR OF WORKFORCE POLICY 40.00
Highest
$205,500 $10,304 $215,804
MICHELE ANN EVERMORE SENIOR FELLOW, THRU FEB 2025 40.00
Highest
$180,814 $22,334 $203,148
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $11,870,864 $13,696,059 $59,134,048 $-1,825,195
2024 $8,576,981 $12,442,527 $61,192,201 $-3,865,546
2023 $10,190,622 $11,634,049 $58,694,529 $-1,443,427
2022 $10,089,202 $10,207,215 $56,784,803 $-118,013
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